Africa Moves Forward While the World Looks Away

For too long, Africa has been suffering the consequences of crises, shocks, and wars originating elsewhere. Its overall excessive debt limits its room for maneuver in the face of such exogenous events and explains its extreme sensitivity to volatility in global growth, interest rates, or exchange rates, as well as to unilateral decisions by major powers (the United States, China, India, Russia, etc.) or European countries. Where is Africa headed in light of current crises and their consequences (energy prices, interest rates, and exchange rates; implications for growth, demographics, employment, and debt, etc.)?

When it comes to financing its energy, ecological, and digital transitions, can we really say that the world is looking the other way? What about the continent’s attractiveness (FDI, portfolio flows, etc.)? Are the North’s financial commitments to Africa (COP, infrastructure funds, etc.) being honored and are they sufficient? How can Africa’s influence and role on the international stage be enhanced?